Benefits of Insurance provides information on the various insurance policies and their various advantages. This provides a comparative analysis to help individuals choose insurance policies that best meet their needs. The Benefits of Insurance also has an index that ranks insurance policies based on the claims and benefits covered, and a ranking is based on the financial strength of the company that issued the insurance policy.
Life insurance provides monetary coverage for medical and funeral expenses and the insured individual’s dependents during the life of the policy. Critical illness health insurance policies are designed specifically to cover against expenses and treatments associated with illnesses or terminal illnesses that are clearly life-threatening and will result in the death of the policyholder. In recent years, life insurance companies in Kenya have introduced a number of policies that offer a variety of coverage options for different age groups. Most of these policies are tailored to meet the insurance needs of Kenyans living in different income brackets.
Health insurance is a must-have for every individual and family in Kenya. Health insurance policies to help people make sense of big medical bills when they arise. Most Kenyans get their health insurance as a member of their employers’ plans, which help them access quality health care when they need it most. With the introduction of Moms to the equation, many employers now include maternity care as part of their employee health insurance package. However, individuals can also choose to go for private health insurance if they feel that their employer’s plan is not enough for them.